Date Approved
04/04/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
WACONIA FORD SALES, INC.
Borrower Address
235 W Hwy 5
Borrower City
WACONIA
Borrower State
MN
Borrower Zip
55387
Loan Status Date
12/05/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
452900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
434662
Servicing Lender Name
First Resource Bank
Servicing Lender Address
7449 Village Dr
Servicing Lender City
LINO LAKES
Servicing Lender State
Servicing Lender Zip
55014-1181
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CARVER
Project State
Project Zip
55387-0001
CD
MN-06
Jobs Reported
47
NAICS Code
441110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
57203.00
Payroll Proceed
339740.00
Mortgage Interest Proceed
55957.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
455679.44
Forgiveness Date
11/25/2020